Iran, Israel and Dow futures
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Stock futures wavered before Monday's session as the escalating conflict between Israel and Iran spiked oil prices and raised investors' concerns about the global economy. Dow Jones Industrial Average futures shed 56 points, or 0.1%. S&P 500 futures lost 0.1%, while Nasdaq 100 futures traded around their flatline.
SYDNEY (Reuters) -Asian markets kept their nerve on Monday and oil prices climbed anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world's economic troubles in a week packed with central bank meetings.
U.S. oil prices jumped 2% to $74.50 per barrel, and Brent crude also shot up 2% to $75.77. That’s after oil soared 7% on Friday as markets reacted to the early stages of the Israel-Iran conflict.
Stocks were headed for losses on Wednesday after a plan by China and the U.S. to get trade negotiations back on track left investors feeling underwhelmed. Inflation data later in the morning could [te
U.S. stock futures have already pared about half of their overnight drop as some of the initial reaction seen across global markets has started to unwind. Oil prices have come off their highs after spiking 14%.
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The major averages posted modest gains on Thursday, placing them on track for a winning week. Softer-than-anticipated inflation reports helped lift stocks.
U.S. stocks closed lower as investors assessed little progress on trade talks, after jumping in the morning on a cooler-than-expected inflation reading. The Dow Jones Industrial Average fell 1 point to close at 42,865.77, while the S&P 500 Index lost 16.51 points to settle at 6,022.30. The Nasdaq Composite was down 99.11 points, 0.5%, to 19,615.88
Stock futures decline before Monday's session as the escalating conflict between Israel and Iran spiked oil prices and raised investors' concerns about the global economy. Dow Jones Industrial Average futures shed 184 points, or 0.4%. S&P 500 futures lost 0.4%, while Nasdaq 100 futures dropped 0.4%.
Stock futures fell sharply early Thursday, pointing to a rocky open as Wall Street grapples with a tragic plane crash involving Dow component Boeing (BA) and digests a blockbuster earnings report from software giant Oracle (ORCL).